Question
assume that rational expectations theory is correct and that monetary policy is most effective in changing the economy when it catches people and businesses by
assume that rational expectations theory is correct and that monetary policy is most effective in changing the economy when it catches people and businesses by surprise. Given this, should short-term data on the economy and on monetary policy targets be published? Defend your answer using the rational expectations theory.
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Reimagining Capitalism In A World On Fire
Authors: Rebecca Henderson
1st Edition
1541730151, 9781541730151
